Government accounting

https://www.city-journal.org/html/zeroing-government-fraud-14955.html The Government Accounting Standards Board supposedly is supposed to promulgate accounting local and state government accounting standards in the interests and risk bearing of investors (think muni bonds) and taxpayers, but GASB has faced criticism over the years for aligning too closely with the interests of local governments. rather than investors and taxpayers* --- Winter 2017 article in City Journal

Revised yellow book standards

https://www.journalofaccountancy.com/news/2018/jul/gao-revised-yellow-book-standards-government-auditors-201819338.html

https://www.aicpa.org/interestareas/governmentalauditquality/newsandpublications/gaqcalert/2018gaqcarchivedalerts/gaqcalertno364.html

Excessive cost example

http://www.investmentwatchblog.com/air-force-admits-to-spending-10000-a-piece-on-toilet-seat-covers-for-a-cargo-plane/

Governmental accounting quiz

https://www.journalofaccountancy.com/news/2018/jun/government-accounting-and-auditing-quiz.html

NFP common errors in financial reporting

https://www.journalofaccountancy.com/news/2018/jul/avoid-not-for-profit-financial-statement-mistakes-201819294.html

Infrastructure funding in Illinois

http://nprillinois.org/post/illinois-roads-needs-are-growing-funding-isnt#stream/0

The Effectiveness of Setting Governmental Accounting Standards: The Case of Michigan Governments in Fiscal Distress

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3191445
* Abstract* The purpose of setting accounting standards is to improve the quality of the financial statements on which users base their decisions. The financial reporting model set up by the Governmental Accounting Standards Board (GASB) is comprehensive and complex, as are the governments on which these statements report. We provide a framework for evaluating whether financial statements are used and understood by decision makers and explain the components of the GASB Statement No. 34 financial reporting model introduced in 1999. We present financial indicators from the Comprehensive Annual Financial Reports for 12 Michigan governments over three points in a 10-year period, along with an indication of whether trends are favorable or unfavorable. We suggest that governing bodies assess to what extent their members use financial statements in making decisions. If officials are trained to monitor financial performance on a regular basis, then decision-making may improve and fiscal crises may be averted.